COFACE
COFACE SA, through its subsidiaries, provides credit insurance products and related services for microenterprises, small and medium enterprises, mid-market companies, international corporations, financial institutions, and clients of distribution partners. It offers credit insurance products to protect companies against default on payment of its trade receivables. The company also provides integr… Read more
COFACE (0QVK) - Net Assets
Latest net assets as of September 2021: €2.06 Billion EUR
Based on the latest financial reports, COFACE (0QVK) has net assets worth €2.06 Billion EUR as of September 2021.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€7.78 Billion) and total liabilities (€5.72 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €2.06 Billion |
| % of Total Assets | 26.51% |
| Annual Growth Rate | 1.45% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 1.23 |
COFACE - Net Assets Trend (2016–2018)
This chart illustrates how COFACE's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for COFACE (2016–2018)
The table below shows the annual net assets of COFACE from 2016 to 2018.
| Year | Net Assets | Change |
|---|---|---|
| 2018-12-31 | €1.81 Billion | +0.22% |
| 2017-12-31 | €1.80 Billion | +2.69% |
| 2016-12-31 | €1.76 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to COFACE's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 16.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2018)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €631.46 Million | 34.96% |
| Common Stock | €307.80 Million | 17.04% |
| Other Components | €867.19 Million | 48.01% |
| Total Equity | €1.81 Billion | 100.00% |
COFACE Competitors by Market Cap
The table below lists competitors of COFACE ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shanxi Securities Co Ltd
SHE:002500
|
$1.47 Billion |
|
Inter Cars S.A.
WAR:CAR
|
$1.47 Billion |
|
United Internet AG
PINK:UDIRF
|
$1.47 Billion |
|
TPG Telecom Limited
PINK:TPGTF
|
$1.47 Billion |
|
Arbor Realty Trust
NYSE:ABR
|
$1.46 Billion |
|
Sineng Electric Co Ltd
SHE:300827
|
$1.46 Billion |
|
Sichuan Tuopai Shede Wine Co Ltd
SHG:600702
|
$1.46 Billion |
|
Youngy Co Ltd
SHE:002192
|
$1.46 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in COFACE's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2017 to 2018, total equity changed from 1,802,423,000 to 1,806,452,000, a change of 4,029,000 (0.2%).
- Net income of 122,333,000 contributed positively to equity growth.
- Dividend payments of 52,895,000 reduced retained earnings.
- Share repurchases of 46,786,000 reduced equity.
- Other factors decreased equity by 18,623,000.
Equity Change Factors (2017 to 2018)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €122.33 Million | +6.77% |
| Dividends Paid | €52.90 Million | -2.93% |
| Share Repurchases | €46.79 Million | -2.59% |
| Other Changes | €-18.62 Million | -1.03% |
| Total Change | €- | 0.22% |
Book Value vs Market Value Analysis
This analysis compares COFACE's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Insufficient data available to analyze book value vs market value.
Capital Efficiency Dashboard
This dashboard shows how efficiently COFACE utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 6.77%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 4.04x
- Recent ROE (6.77%) is above the historical average (4.58%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 2.37% | 0.00% | 0.00x | 4.02x | €-133.99 Million |
| 2017 | 4.62% | 0.00% | 0.00x | 4.01x | €-97.03 Million |
| 2018 | 6.77% | 0.00% | 0.00x | 4.04x | €-58.31 Million |
Industry Comparison
This section compares COFACE's net assets metrics with peer companies in the same industry.
Industry Context
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| COFACE (0QVK) | €2.06 Billion | 2.37% | 2.77x | $1.47 Billion |
| Nyfosa AB (0A0K) | $2.92 Billion | 39.50% | 2.88x | $973.31 Million |
| High Templar Tech Limited (0A2T) | $12.52 Billion | 4.70% | 0.13x | $255.82 Million |
| Strategy Inc (0A7O) | $51.04 Billion | -7.54% | 0.21x | $40.17 Billion |
| NACON SASU (0A9N) | $67.54 Million | 15.85% | 1.20x | $7.64 Million |
| Antin Infrastructure Partners (0AA5) | $23.79 Million | 108.98% | 1.09x | $573.10 Million |
| Truecaller AB Series B (0AA7) | $1.41 Billion | 18.30% | 0.20x | $281.60 Million |
| Brockhaus Technologies AG (0AAW) | $254.92 Million | -6.23% | 1.68x | $74.40 Million |
| Hyloris Pharmaceuticals S.A. (0AB6) | $48.06 Million | -24.09% | 0.32x | $71.96 Million |
| Kalray S.A. (0ABT) | $28.43 Million | -41.56% | 0.67x | $33.84 Million |
| Webuild S.p.A. (0BJP) | $1.43 Billion | 10.29% | 7.14x | $1.13 Billion |